by John Reed I. What is Bolshevism? Bolshevism is the Social Revolution to which Socialists have looked forward for more than half a century. It is the inevitable struggle which must accompany the transition of society from Capitalism to Socialism. … Continue reading Aspects of the Russian revolution

by Jeff Shantz Alternative globalization movements in the global North, from their high point in the Quebec City mobilizations against the Free Trade Area of the Americas in 2001 to the present, have been faced with the challenge of rebuilding and finding new ground on which to re-mobilize since the political reaction set in following the 9/11 attacks which derailed momentum and caused many mainstream elements (especially labor unions) to disengage and demobilize (where not playing to the forces of “law and order” reaction). One effect of the post-9/11 freeze (it has been more than a chill) has been the … Continue reading Taking notes 25: On cyber syndicalism — from Hacktivism to Workers’ Control

by Gregory Albo It is said so frequently now that socialism is dead that even socialists no longer notice. This view is based, in good part, on the end of the political formations that came to represent socialism through the twentieth century (tiny Cuba notwithstanding). The statist command economies of Eastern Europe, the diverse state-led national liberation projects of the South, and the social democratic welfare statism of Western capitalism have all fallen victim either to internal collapse or external de-stabilization. The old joke of the Soviet leadership that the central question facing the US was the prospects for capitalism … Continue reading Alternatives to capitalism

by Stephen Resnick and Richard Wolff Two different and contending mainstream theories have explained capitalism’s repeated crises over the last century. Each time each theory proposed correspondingly different solutions. Today’s crisis is no exception. One theory—called, after one of its founders, “Keynesian economics”—claims that unregulated private markets inevitably yield price movements that react back on the decisions of businesses, workers, and consumers to produce out-of-control price spirals. These periodically push the economy into inflations, recessions, or even depressions. Without intervention from outside, capitalism’s private economy may remain depressed or inflated long enough to threaten capitalism itself. Keynesian—or now more generally … Continue reading A Marxian interpretation of the economic crisis